Clearpool’s Expansion into Real-World Asset Yield
Clearpool, a leading decentralized finance (DeFi) credit marketplace, has unveiled Ozean, a new app chain built on Optimism. This launch marks a significant step in integrating real-world assets (RWAs) into the DeFi space. Ozean is designed to offer a seamless and compliant platform for users to earn native yield on-chain, focusing on RWAs in a user-friendly manner.
What is Clearpool and Its Impact?
Clearpool is well-known for its decentralized, permissionless protocol that allows institutions to raise unsecured liquidity directly from DeFi markets. In addition to its permissionless platform, Clearpool offers a fully compliant, permissioned platform called Clearpool Prime, which caters to the borrowing and lending needs of institutional participants. Since its inception in March 2022, Clearpool has originated over $590 million in loans, attracting a diverse user base from both the crypto and traditional finance (TradFi) sectors, including notable names like Wintermute, Jane Street, and CoinShares.
Introducing Ozean: Clearpool’s Latest Innovation
Ozean is Clearpool’s latest venture, focusing on integrating RWAs with DeFi on the Optimism network. This app chain is poised to revolutionize the way RWAs are managed and utilized in DeFi, providing users with the ability to earn yield on these assets directly on-chain. Powered by Clearpool’s native token, CPOOL, Ozean introduces a new staking mechanism that rewards CPOOL holders while contributing a portion of its revenue to the Optimism Collective as part of the Superchain initiative.
Key Features of Ozean
Ozean offers several innovative features, including:
- USDX: A native stablecoin.
- ozUSD: A yield-bearing stablecoin.
- Oxygen: An innovative liquidity layer.
- Unified Compliance Layer: Ensures regulatory compliance across the platform.
- Gas Abstraction & Custodial Wallet: Ozean provides full account abstraction and a native custodial wallet for a seamless user experience.
A Word from the CEO
Jakob Kronbichler, CEO and Co-founder of Clearpool, expressed his excitement about Ozean’s launch, stating, “Ozean is a groundbreaking development in RWAs that will elevate Clearpool to the next level. It not only addresses existing challenges but also unlocks a multi-trillion-dollar market opportunity by integrating RWAs into DeFi.”
Looking Ahead
With the launch of Ozean, Clearpool is setting a new standard in the DeFi space by bridging the gap between traditional finance and decentralized markets. This development opens up new possibilities for institutional and retail investors alike, offering them a compliant and efficient way to earn yield on real-world assets in the digital economy.